Lux Research provides strategic advice and ongoing intelligence for emerging technologies. Leaders in business, finance and government rely on us to help them make informed strategic decisions. Through our unique research approach focused on primary research and our extensive global network, we deliver insight, connections and competitive advantage to our clients.
Beyond Smartphone Clones: How Wearables Deliver Actual Value and Reshape Tomorrow’s Supply Chain
Join Lux Research for a complimentary webinar on Tuesday, November 29th at 11:00 EST
Since the introduction of wearables, these devices have acted as a supplement to or extension of smart phones. With the likes of the Apple Watch and Fitbit being the iconic wearable products, it is no surprise that wearables are viewed today as little more than nice-to-have gadgets. However, wearable electronics are starting to deliver real value to users; from improving working efficiency and safety, to facilitating effective and convenient disease management, and enhancing athletic performance. As a result, there is no archetypal wearables consumer, rather these devices are relevant to office and factory workers, chronically ill patients, and even elite athletes.
In spite of the wide breadth of wearable devices and applications, today’s devices are mostly reconfigurations of readily available, cheap smart phone components. However, as use cases for wearable electronics mature, the wearables value chain will evolve into something entirely different.
This webinar will:
- Identify the key use cases in today’s wearable electronics market
- Analyze emerging wearable devices, components, and business models separating winners from losers
- Outline how tomorrow’s supply chain will evolve from today’s, which closely resembles the supply chain of smart phones
With high profile product releases, like the Apple Watch, wearable electronics are riding the hype wave. However, most current devices do little more than push text messages or count steps and with high-profile failures, like Google Glass, the future of wearables remains an open question. Currently, wearable developers primarily focus on consumer applications, but there is also much promise as they push into new areas like healthcare and industry. These disparate wearable electronics markets come with vastly different value propositions and use cases, from offering customized nutrition and hydration information, to enabling patients to be evaluated remotely, to increasing factory efficiency and safety. However, those looking to profit from wearables will need to pull together a complex ecosystem including hardware, analytics, regulators, insurance providers, and data management, all while managing privacy concerns, data security, and new business models.
In this webinar, we will discuss:
- Today’s highly-diverse landscape of wearable electronics
- Outline the value proposition for wearable technologies, from mHealth to smart manufacturing
- The unmet needs in consumer, industrial, and healthcare applications